Like UPL, Advanta; prefer Jain Irrigation: Deven Choksey

Deven Choksey of KRChoksey Investment told CNBC-TV18, "We like UPL and Advanta. Both of them have got a significant amount of business model presence across six continents, across 40 companies and having come under one roof it is making all the more sense to see the kind of operational gains coming into them. If the investors are keeping a perspective of at least about two years or so, I think they definitely stand to benefit with this kind of a company which is typical India grown company but MNC in character. So, one could possibly look for this company." "Even likes of Jain Irrigation Systems where I believe that the entire valuation is going absolutely cheap, you have the micro irrigation business, you have the food processing business, water heating business and solar pump business, the NBFC investment and also the tissue culture businesses. If you look at each of these businesses, I find that the company holds lot of potential to progress going forward. So, certainly in agri input segment, I think few of the companies which we like are giving opportunities if you are planning to for at least one and a half to two years kind of investment program," he said.